Kingswood Wealth Advisors LLC Takes $347,000 Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kingswood Wealth Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,196 shares of the company’s stock, valued at approximately $347,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HBW Advisory Services LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 10.7% in the fourth quarter. HBW Advisory Services LLC now owns 23,336 shares of the company’s stock valued at $3,682,000 after buying an additional 2,258 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.8% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 2,117,447 shares of the company’s stock valued at $334,133,000 after buying an additional 96,150 shares during the period. Kaydan Wealth Management Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 22.7% in the fourth quarter. Kaydan Wealth Management Inc. now owns 155,104 shares of the company’s stock valued at $24,475,000 after buying an additional 28,738 shares during the period. CVA Family Office LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $76,000. Finally, Raymond James & Associates boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.8% in the fourth quarter. Raymond James & Associates now owns 1,471,280 shares of the company’s stock valued at $232,168,000 after buying an additional 12,325 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.3 %

Shares of RSP stock opened at $169.37 on Friday. The stock has a market cap of $47.88 billion, a P/E ratio of 16.13 and a beta of 1.05. The stock has a 50 day simple moving average of $161.39 and a 200 day simple moving average of $151.94. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $169.80.

Invesco S&P 500 Equal Weight ETF Company Profile

(Free Report)

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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